Sunday, 24 July 2011

Cut budget by billions by not subsidising the Taliban, the Enemy!

Breaking News (@BreakingNews)
24/07/2011 10:01 PM
U.S. trucking funds reach Taliban, military-led investigation concludes - @washingtonpost http://wapo.st/ntWl93

As UK sells old aircraft carriers, China buyers circle | Reuters

Used guns get used! An aircraft carrier could be used for peaceful purposes, but it is designed for fighting!

http://www.reuters.com/article/2011/07/22/us-britain-china-carriers-idUSTRE76L54J20110722

Phone hacking: prevent others having News Corp's influence, Cable says | Media | guardian.co.uk

The mystery to me is why Cable was treated in such a bad way! He seems to be the only one seeing the forest from the trees. Would that Cameron was so well informed or placed!

Do you read a Murdoch paper? Why? Well, the odds are that your views are a bit Murdoch like! And, maybe increasingly so over time, which would explain so much within a group behavioural psychology or sociology framework.

Do you have a personal core or are you just a fob 'fact of business', a statistical data point in a world of addictive allegiances!

http://www.guardian.co.uk/media/2011/jul/24/phone-hacking-vince-cable-murdoch-influence?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+theguardian%2Fmedia%2Frss+%28Media%29

Vince speaks out when America makes an ass of itself!

Reuters Top News (@Reuters_TopNews)
24/07/2011 08:15 AM
Congress "nutters" risk global finance: UK minister http://reut.rs/nvcEz4

How do you claw back the huge interest rate and grant subsidies to home property speculators?

Raising taxes over the longer term makes sense, but it is unfair on those who didn't benefit from the subsidies given to speculators.

How and who do you tax? Seems a lot of people got cheap or free money they did not deserve and a lot of poor or honest working folk are still paying for other people's gambling habits.

Is the Republican party saying the subsidies to bankers, gamblers and speculators subsidies should now be forgotten? Who is accountable?

http://www.washingtonpost.com/business/economy/no-hints-of-breakthrough-in-white-house-debt-talks/2011/07/23/gIQAdDxKVI_story.html?wpisrc=al_national

Scandalous News of the World phone hacking Stories Emerging

This is the news people making the news as well as following it!

There are a million stories in the big city and too many phone hacking crimes by news and related people for the London police to prosecute! Might as well close down the news industry....

Not enough judges or jury members!

New way to end unemployment! Have everyone serve on a jury. London where everyone is spying on you.

If it's not cameras it's listening devices.

Brave new world where police celebrate their inactivity with champagne!

http://www.telegraph.co.uk/news/uknews/phone-hacking/8617707/News-of-the-World-phone-hacking-live.html

When there are so many crimes committed the London Met police commissioner who says to himself 'oh forget this'?

This is more than a can of worms! It is a full police car boot full?

Telegraph Politics (@TelePolitics)
24/07/2011 02:49 AM
Phone #hacking: Police chief Andy Hayman paid for champagne dinners with #notw journalists http://tgr.ph/o14mfl

Saturday, 23 July 2011

Tut Tut! There are enormous risks to using housing construction as an employment generator!

Think of housing as capital and think of the housing capital / labour employment ratio it partially represents over the longer term. Migration will alter the ratio, but the relationship over time could be rather stable in the sense that it self corrects. 

What we witness now is an automatic correction mechanism linking real demand and real supply for housing dependent on inward and outward migration and rising real disposable incomes. Real savings ratios will mitigate results, but be subject to self correcting mechanisms over the longer term. Thus if real savings do not improve employment will definitely fall and unemployment will eat up real resources pushing the economy onto a lower long term growth path.

If you thrown in monetary imbalance as a temporary phenomenon, it could exaggerate explosion in demand or implosion.

I don't think five years is correct. I would put it much longer and possibly as much as twenty, which would be really punishing. Why so long? Habits of excess don't change because of persistent consumption patterns and long term income spending relationships. 

Lowering interest rates is bad for life cycle economics since it begs a future income that won't be there. Savings come from higher disposable incomes not lower interest rates which do nothing but increase the wastefulness of stock market and commodity price speculation. Yes the business cycle does exist and it is stupid to deny it by assuming it away. 

NOT!

The Economist (@TheEconomist)
23/07/2011 05:37 AM
How to survive a five-year slump: The US housing market is at an historic low. Eventually, it will bounce back http://econ.st/rfXGxM

Well! Tim is on the ball!

Tim Harford (@TimHarford)
23/07/2011 05:55 AM
Competition improves the quality of newspapers. Or does it? http://bit.ly/nw4SP7

Al Gore does it again!

So the man who would be President has become the man who would be protector of the earth! It's a role that suits the personality and a bit like being a Justice of the Earth. Question is how everyone gets what they want when this conflicts with doing justice to man's visit to the earth. We are even staying here for a shorter visit because of cause and effect!

Publishers Weekly (@PublishersWkly)
23/07/2011 07:39 AM
The Globe and Mail on book apps: A Reading Revolution, Or the End of Reading? http://bit.ly/rex7pJ

Norway Outrage!

Our thoughts and love go out to this peaceful nation. Our prayers are with the many victims and their families!

Reuters Top News (@Reuters_TopNews)
23/07/2011 07:37 AM
Man kills at least 91 in Norway shooting, bombing http://reut.rs/o4dR9d

Lucian Freud's perverse depictions of magnificent muck | Art and design | The Guardian

Much todo about nothing much! Maybe, I like a few of his paintings, but he will be regarded as a great artist!

http://www.guardian.co.uk/artanddesign/2011/jul/22/lucian-freud-adrian-searle?intcmp=239

Friday, 22 July 2011

News America phone hacking - Google Search

Seems that someone is and was not telling the truth. Is phone hacking a daily tool of News Corp? The power of phone hacking tempts many to be dishonest. Who are these news and other people. Hacking phones is unethical, immoral, destructive of trust and confidence, and should be prosecuted aggressively with harsh punishments and under international laws set up for the purpose of prosecution.

http://www.google.co.uk/search?q=news+America+phone+hacking&ie=UTF-8&oe=UTF-8&hl=en&client=safari

msnbc video: Norway reels after blast, camp attack

http://www.msnbc.msn.com/id/21134540/vp/43861637#43861637

Five truths about the deficit and the national debt - The Washington Post

We all know America is bankrupt when it comes to cooperation. It's like having neighbours that are always fighting about money. The next step will be more serious because no one wants to sort out the real issues. Like kids not wanting to share their toys?

http://www.washingtonpost.com/business/five-truths-about-the-deficit-and-the-debt/2011/07/13/gIQAcjbFGI_story.html

Obama-Boehner talks collapse; each side blames the other - The Washington Post

The rich seem to be intractable?

http://www.washingtonpost.com/business/economy/senate-rejects-conservative-budget-proposal-as-obama-boehner-reach-for-grand-bargain/2011/07/22/gIQAzskYTI_story.html?wpisrc=al_national

Slides of Bomb blast in central Oslo - Picture Stories- msnbc.com

Terrible!

http://www.msnbc.msn.com/id/43858715/displaymode/1247/?beginSlide=1

Who trusts who now?

In time, Pakistan may redeem itself, but nations do what they want!

Americagov (@americagov)
22/07/2011 08:00 PM
#SecClinton vision of new Silk Road in Central and South Asia would especially boost #Afghanistan's economy. http://goo.gl/EMHCI

@britishroyals, 22/07/2011 08:11 PM

Quite right too!

British Royals (@britishroyals)
22/07/2011 08:11 PM
Video: Finally, a video that captures the Queen's "horrid" remarks while viewing the royal exhibit with Kate today... http://t.co/7iPl4x6

rupert and Murdoch: I Guess They Discussed the Weather and other Things of Interest

Daily Telegraph News (@TelegraphNews)
22/07/2011 07:01 PM
George Osborne had dinner with Rupert #murdoch two weeks before BSkyB bid decision http://tgr.ph/ndFJuS

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